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Prepayment for service. Prepaid refers to goods and services paid for in advance. Examples include postage stamps, attorneys, tolls, public transit cards like the Greater London Oyster card, pay as you go cell phones, and stored-value cards such as gift cards and preloaded credit cards . Prepaid services and goods are sometimes targeted to ...
A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. [1][2] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price. Such agreements play a key role in ...
In Texas, Direct Energy offers a pre-paid electricity plan, Power-To-Go. [16] In Ontario, Direct Energy previously rented water heaters to around 600,000 residential homeowners; [ 17 ] this division was sold off in 2014 and subsequently rebranded as Enercare. [ 18 ]
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas 's electrical grid, the Texas Interconnection, [3][4] which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. [5] ERCOT is the first independent system operator (ISO) in the United ...
According to a 2014 report by the Texas Coalition for Affordable Power (TCAP), [3] "deregulation cost Texans about $22 billion from 2002 to 2012. And residents in the deregulated market pay prices that are considerably higher than those who live in parts of the state that are still regulated. For example, TCAP found that the average consumer ...
The state's grid operator, the Electric Reliability Council of Texas (ERCOT), predicted demand would jump from 57,486 megawatts on Friday to 71,893 MW on Monday, 72,725 MW on Tuesday, and 74,346 ...
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